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Ghana: Increase in SSNIT Maximum insurable earnings

The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA), has increased the maximum insurable earning for 2024 from GHS 42,000.00 to GHS 52, 000.00 effective 1 January 2024.

This means that from 1 January 2024, the maximum contributions payable to SSNIT will be GHS 7,020.00 and GHS 66.16 for the minimum.

 

The tax file for Ghana is is now available on the Sage Portal. For more details, follow the link below:

Ghana: New Tax File available for download on Release 6.1b - changes effective 1 January 2024 (Sage VIP Premier only)